Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$21,148$21,148$679,491
Remaining term (yrs)27.327.330.0
Secondary amount$0$658,343$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.739%7.640%
1st payment$142.65$142.65$4,704.66
2nd payment$0.00$4,251.80$0.00
Taxes / mo$629.16$629.16$629.16
Insurance / mo$216.67$216.67$216.67
MI / mo$9.87$9.87$135.90
HOA / mo$84.00$84.00$84.00
Total monthly$1,082.35$5,334.14$5,770.38
Cash to close$733,842$75,499$75,499